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Togo First | 13 April 2021
Togo to sign economic partnership agreement with the Singapore Cooperation Enterprise
by Séna Akoda
(Togo First) - Togo and the Singapore Cooperation Enterprise (SCE) are to sign today an economic and technical partnership agreement, under which the West African nation will benefit from Singapore’s experience to develop its economy.
According to the Togolese minister for investment promotion, Kayi Mivedor, the deal aligns with Lomé’s efforts to boost investments and improve business climate. It should also support the government’s five-year development agreement (2020-2025).
Singapore Cooperation Enterprise (SCE) was established by the Singaporean ministries of trade and foreign affairs. The entity works closely with Singaporean ministries and statutory councils to define and adapt viable solutions that can help foreign government’s meet their needs and achieve their development goals.
Singapore, according to many experts, is a true miracle in terms of economic development. The Asian country, who became independent in 1965, transformed from a poor country to one of the richest nations in the world, in three decades only.